Goldman’s role in the deal was expected, given the bank’s early work on the process, while for UBS, the top status on the IPO is a major boost for its Southeast Asia operation.

Several top investment banks are competing for a role in the offering, both for prestige in being part of such a high profile transaction, and for the tens of millions of dollars in fees the deal will produce.

Like any major stock offering in its early stages, the final list of banks involved has yet to be determined. CVC, Goldman Sachs and UBS declined to comment.